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EUR/USD Inches to Fresh Highs as German Inflation Tops Forecast

EUR
  • The single currency sees modest buying on the German CPI release, putting EUR/USD at a fresh session high at 1.0691.
  • Price action stops short of a protracted rally, given the regional data releases pointing to a firm national print today.
  • Next notable resistance for the pair remains at the 1.0727 50-dma.

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